Happy Thursday good degens! Quite an eventful week its been so far!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $2352.60
Oil (WTI): $81.63
US 10Y Treasury: 4.283%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Linea TVL has been surging, with the ETH L2 now the 13th biggest chain by TVL!
If you want to explore the Linea ecosystem make sure to check out their preeminent dex @LynexFi, which we have been helping spread the word about!
Lynex has been surging alongside Linea, and now hosts over $36M in TVL itself…
It is also the perfect way to capitalize on Linea Surge: Volt 2 - as using Lynex lets you earn oLYNX plus LXP-L, as well as @turtleclubhouse points and @Davos_Protocol points and more!
Visit the Lynex site here and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 25 chains green on the weekly are Blast (#6), Merlin (#8), Linea (#13), TON (#14), and Bitlayer (#20).
Protocols are mixed today as well. Only top 100 protocols up at least 10% on the weekly are Avalon Finance (#61) and DeDust (#67).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$BTC has been rangebound for nearly four months at this point… do you think its about to break out? Long or short it with leverage and access 40+ other perps and spots markets as well at app.vertexprotocol.com!
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @moshicamera. Twitter bio states “Invite only access open now 🔳📸”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Something new called @ssi. Twitter bio states “A straight shot to safe superintelligence. Join us...” Followed by 30 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, single-exposure, no-IL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-LayerZero airdrop claim is now live, h/t @Tyler_Did_It:
-EigenLayer phase two claims are also now open, h/t @Picolas_Caged:
-Actions by web3 security/auditing firm Certik are generating massive discussion + controversy, h/t @WuBlockchain:
-Review of the interesting week we’ve had, h/t @CroissantEth:
-Thoughts on multi-wallet airdrop farming best practices, h/t @DefiIgnas:
-Proposed @jupiterexchange tokenomics change generating much attention, h/t @DegenerateNews:
-Brief look at upcoming airdrops, h/t @defi_mochi:
-Another interesting data point from @Tyler_Did_It:
-Good overview of the crypto/macro picture, h/t @resdegen:
-Fascinating stats on Nvidia dominance c/o @KobeissiLetter:
-Very interesting/bullish thread from Circle/USDC founder @jerallaire (click below to read in full):
-Latest update on everything airdrop-related from @KryptoCove:
-New interview with macro gigabrain Joseph Wang @FedGuy12:
-New roundtable discussion from @Unchained_pod discussing everything going on in crypto right now:
-Parting wisdom from @wronguser000:
Conclusion
Have a great Thursday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.